Examlex
Evidence indicates that the process of hiring employees is increasingly taking longer, with an average time of well over three weeks for many positions and over two months for white-collar jobs.
Advanced Technologies
Modern and cutting-edge technologies that offer significant improvements over existing technologies in terms of performance, efficiency, or capabilities.
Expensive Labor
Refers to labor that has a high cost, often due to skills, experience, or wage regulations that increase the compensation required to employ workers.
Resource Endowments
The natural resources, capital, and human skills that a country or region has available for economic production.
World Bank
An international financial institution that offers loans, grants, and expert advice to developing countries for economic development projects.
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